DUBAI, U.A.E., Aug. 25, 2020
DUBAI, U.A.E., Aug. 25, 2020 /PRNewswire/ -- According to a new market study by Future Market Insights (FMI), the pharmaceutical lipids market is forecasted to grow at a healthy CAGR of 5.2% between 2020 and 2030.
According to the American Association of Pharmaceutical Scientists (AAPS), around 90% of drugs that are pipe and 40% of marketed drugs have poor solubility in water. On this premise, the preference for lipid-based formulations has been increasing in nutraceuticals, diagnostics, vaccines, and pharmaceuticals. This is expected to act as a major growth attribute to the market.
Furthermore, lipid-based formulations protect active compounds from biological transformation or degradation, thereby increasing the overall efficiency and shelf-life of drugs. Moreover, lipid-based particulate DDS change the biodistribution and consequently reduce the level of toxicity in numerous drugs. This improves the safety coefficient, thus fueling the market growth.
"Owing to the growing demand for lipid nanocarriers due to better biocompatibility, market players are shifting from polymeric nanoparticles to the former. This is expected to bestow lucrative revenue opportunities in the forthcoming years."
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Pharmaceutical Lipids Market - Key Takeaways
Pharmaceutical Lipids Market - Key Trends
Pharmaceutical Lipids Market - Regional Analysis
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Pharmaceutical Lipids Market - Competitive Landscape
Some of the major players operating in the market include Merck KGaA, Avanti, Polar Lipids Inc., BASF SE, Corden Pharma International, NOF Corporation, Cayman Chemical Company, Croda International Plc, and Stepan Company. The outbreak of Covid-19 is bestowing lucrative revenue opportunities to market players owing to the high demand for drugs across the world. Leveraging the demand, manufacturers are racing to develop Covid-19 vaccine. On these lines:
Pharmaceutical Lipids Market - Taxonomy
Middle East & Africa
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Get Valuable Insights into the Pharmaceutical Lipids Market
Future Market Insights, in its new offering, provides an unbiased analysis of the global pharmaceutical lipids market, presenting historical demand data (2013-2018) and forecast statistics for the period from 2020-2030. The study divulges compelling insights on the pharmaceutical lipids market, allowing readers to glean qualitative and quantitative information which will enable them to make informed market decisions in the upcoming forecast period.
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